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Scotts Miracle-Gro really looks forward to more economic 'green shoots'

 May 20, 2009 11:00 PM UTC
Return Risk
+1.85% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
SMG Positive 05/20/09 +23.14% 09/21/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

The housing sector has ruined many business models, but that does not mean there aren't survivors that will thrive, and Scotts Miracle-Gro (NYSE: SMG) is one. Here's why:

Although analysts generally see only slightly higher revenue in FY 2009 for SMG, a rebound is expected in F2010, so financial institutions have been incrementally adding to their SMG positions. This year, European sales will offset weakness in North America. Further, ample market share gains are possible on both continents.

Continue reading Scotts Miracle-Gro really looks forward to more economic 'green shoots'

Scotts Miracle-Gro really looks forward to more economic 'green shoots' originally appeared on BloggingStocks on Wed, 20 May 2009 18:00:00 EST. Please see our terms for use of feeds.

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